Revere Capital funded a $3,700,000 loan secured by a first lien on a 22,729 SF parcel in the strong Glendale, CA sub-market of Los Angeles.
- Parcel has recently been up- zoned from office to multifamily
- Property is currently being marketed for sale, with one offer received to-date
- Loan provides additional time for soliciting additional offers and consummation of a sale.